KENANGA ANNUAL REPORT 2023

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 340 WE ARE KENANGA LEADERSHIP MESSAGE VALUE CREATION MODEL KENANGA INVESTMENT BANK BERHAD ANNUAL REPORT 2023 53. OPERATIONS OF ISLAMIC BANKING (CONT’D.) (k) Deposits and placements of banks and other financial institutions Group and Bank 2023 RM’000 2022 RM’000 Other financial institution 10,000 - (l) Other liabilities Group and Bank 2023 RM’000 2022 RM’000 Mudarabah Specific Investment Account 11,989 12,237 Profit payables 1,160 2,123 Other payables 379,312 136,608 392,461 150,968 (m) Income derived from investment of depositors’ funds Group and Bank 2023 RM’000 2022 RM’000 Finance income and hibah Financing and advances 2,159 1,889 Deposits and placements with financial institutions 11,667 8,966 Financial investments other than those measured at FVTPL 10,630 8,290 Accretion of discount (597) (349) Others 5 4 23,864 18,800 Other operating income Realised loss on sale of financial assets at FVTPL (182) - Realiased loss on sale of financial investments at FVOCI (1) - Fees on financing and advances 144 1,083 Brokerage fee 3,837 3,395 Profit income 4,862 3,192 Advisory fee 260 340 Direct trading expenses (108) (106) Other operating income 1,052 - Other non-operating income 4 23 9,868 7,927 33,732 26,727

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